4618 E 88th Street, Garfield Heights, OH 44125

Garfield Heights
Local realty services provided by:Better Homes and Gardens Real Estate Central
4618 E 88th Street,Garfield Heights, OH 44125
$135,000
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  • 4 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Pending
Listed by: ryan sackman, allein gonzalez
Office: keller williams greater cleveland northeast
MLS#:5236900
Source:OH_NORMLS

Price summary

  • Price:$135,000

About this home

Strong cash-flow opportunity in Garfield Heights! This 4-bedroom, 1-bath investment property offers a solid combination of existing rental income, desirable features, and upside potential. The home features aluminum siding, vinyl windows, central air, and a partially finished basement providing additional usable space. The property also includes a 2-car detached garage and is situated on a quiet residential street. Best of all, it is already occupied by a long-term CMHA tenant paying $1,600/month with the tenant responsible for all utilities, providing immediate rental income with minimal turnover risk. At a purchase price of $135,000, the property offers an attractive entry point for investors looking for strong cash flow. With top-end rents in the 44125 ZIP code reaching approximately $2,158/month, there is also potential rental upside for the future. Projected numbers show a cap rate exceeding 12% and nearly $700/month in cash flow, making this a compelling opportunity for...

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Home facts

  • Year built:1953
  • Subdivision & Development:Garfield Pkwy
  • Listing ID #:5236900
  • Added:7 day(s) ago
  • Updated:August 23, 2026 at 07:49 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Basement:Yes

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1953
  • Lot area:0.11 Acres
  • Construction Materials:Aluminium Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$135,000
  • Tax amount:$2,021 (2025)

Parking

  • Parking description:Detached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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